Over the past year and a half, many companies and family businesses have moved their global offices to Dubai. During the Capital Market Summit, a senior official explained that Dubai has focused on becoming the easiest place to do business, emphasizing cost management, safety, and competitiveness as part of its D33 agenda.
Dubai is an international hub, attracting numerous companies and entrepreneurs who have relocated their operations to the Emirate. The D33 strategy aims to make Dubai the top talent hub in the world, which in turn draws successful businesses.
The Dubai International Financial Centre (DIFC) reported that the city is now home to over 120 of the world’s wealthiest families and individuals, with a combined net worth of over USD 1 trillion. Dubai’s business-friendly regulations and the introduction of the Golden Visa have attracted top talent and family businesses.
Global trends have helped Dubai grow due to its competitive advantages, with the city excelling in business, health, and leisure tourism. The Emirate’s strong systems and regulations have led to numerous IPOs from both public and private companies. Dubai hosts companies from across the world, highlighting its appeal to people and capital looking at emerging markets.